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Author Topic: [ANN] profit switching auto-exchanging pool - www.middlecoin.com  (Read 829908 times)
Catswold
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January 25, 2014, 03:32:06 PM
 #7381


Yup...

There should be middlecoin-haters thread so all people could have their frustration there.
Then we could have constructive thread here.

How is airing grievances with the stat issue not "constructive"?  We all pay our 3% to H2o.  Do you believe it is not sane to expect the stats to work daily and to not have issues every 24-48 hours??

The Middlecoin stats DB have become the cryptocoin equivalent to the Obamacare website.  Pay a ton of money into it and it still breaks constantly.
One "airs grievances" by directly addressing the party with whom one is aggrieved.  Posting your complaints on a public forum hoping for others to chime in in agreement is whining, not "airing grievances."
jamesc760
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January 25, 2014, 03:33:36 PM
 #7382

Guys and gals,

Please consider allocating at least half of your hash to hasbros.co.in as soon as possible.

I had mined at middlecoin before but the lack of transparency and communication troubled me. Multipool is a viable option as well, but I am excited about hashbros:

https://bitcointalk.org/index.php?topic=395748.0
http://www.reddit.com/r/litecoinmining/comments/1ua4d6/hashbros_multicoin_pool_with_profit_switch_alpha/

Hashbros offer transparent communication from the pool founders since they themselves were victims of frauds and hacks, so they seem to believe in open communication and as much transparency as possible. They offer lower fees, much better security, nicer web ui.

Middlecoin, simply, has grown to too big for altcoins. Because of its size, it can't mine some altcoins, for fear that it will crush the exchangeability of that weak coin. Additionally, do you really want one pool to dominate in such a way that it monopolizes?

I know change is hard. But sometimes you have to do the right thing.

Good luck to us all!
omnik
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January 25, 2014, 03:36:52 PM
 #7383

Middlecoin, simply, has grown to too big for altcoins. Because of its size, it can't mine some altcoins, for fear that it will crush the exchangeability of that weak coin. Additionally, do you really want one pool to dominate in such a way that it monopolizes?


And what is hashbros mining?
If middlecoin crush altcoins then what is the point of new one.
Biggen
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January 25, 2014, 03:41:59 PM
 #7384

Quote from: Catsworld
One "airs grievances" by directly addressing the party with whom one is aggrieved.  Posting your complaints on a public forum hoping for others to chime in in agreement is whining, not "airing grievances."

Uh, no.  The "airing" of grievances is, by the very definition, to make public.  Hence the word "airing".
http://idioms.thefreedictionary.com/air+grievances
http://www.ldoceonline.com/dictionary/grievance
http://www.thefreedictionary.com/airing

Whining, on the other hand, is to utter a plaintive, high-pitched tone or to protest in a childish fashion.  Neither of those I have seen here lately.

Back to English 101 for you!
Catswold
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January 25, 2014, 03:46:48 PM
 #7385

Quote from: Catsworld
One "airs grievances" by directly addressing the party with whom one is aggrieved.  Posting your complaints on a public forum hoping for others to chime in in agreement is whining, not "airing grievances."

Uh, no.  The "airing" of grievances is, by the very definition, to make public.  Hence the word "airing".
http://idioms.thefreedictionary.com/air+grievances
http://www.ldoceonline.com/dictionary/grievance
http://www.thefreedictionary.com/airing

Whining, on the other hand, is to utter a plaintive, high-pitched tone or to protest in a childish fashion.  Neither of those I have seen here lately.

Back to English 101 for you!
OOOPS!  Catswold-petard-hoist.

You know, crow really doesn't taste that bad if you add enough salt.  Tongue
gtraah
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January 25, 2014, 03:47:15 PM
 #7386

So let me get this  straight? The stats have been down for almost half a day?Huh YES OR NO?

Just checked now VERY bad flat spot
Gamer67
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January 25, 2014, 03:49:07 PM
 #7387

Middlecoin, simply, has grown to too big for altcoins. Because of its size, it can't mine some altcoins, for fear that it will crush the exchangeability of that weak coin. Additionally, do you really want one pool to dominate in such a way that it monopolizes?


And what is hashbros mining?
If middlecoin crush altcoins then what is the point of new one.

Can someone please provide an estimated earnings per MH for Hashbros? I understand this is based on a combination of a lot of variables including the number of participants to coin mined to my configuration, etc. I don't need schooling on that aspect but need a general earnings average for the entire pool. Thanks.

Here are my personal estimated daily earnings for my hash rate : .0065 BTC / .75 MH

So roughly .0086 BTC / MH

And thats with most of the day at about 6 MH on the pool. We're sitting at 65 MH and growing. Once the hash rate goes up, we get access to more coins.

Second statement is from HB admin.

So from the statements above. One pool is too big for its own good and the other is too small for its own good.

"I am not Dorian Nakamoto."
Biggen
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January 25, 2014, 03:55:45 PM
 #7388


OOOPS!  Catswold-petard-hoist.

You know, crow really doesn't taste that bad if you add enough salt.  Tongue

Oh, I know.  I have had plenty in my day!

Look, the bottom line is that the many of us that complain about Middlecoin's "quirks" are still happy here.  My rigs are basically set and forget.  I haven't even logged into them in a week as I can check on their status via a webpage I have setup for remote monitoring.  I also get pretty good payout here.  I basically meet or even beat the Dustcoin projections for my hashrate on a daily basis.

But it's damn unprofessional to have the stats go down on a 24/48 hours basis.  Most of us like to check our balance here on semi-hour basis and we haven't been able to do that easily for days without using 3rd party apps/websites and those don't always load correctly on mobile devices.  It was a Coingeek problem last time.  Ok, fine.  I get that.  But it is still H20's responsibility to notify his customers (us!) of what is going on.  Now it appears that it isn't a Coingeek problem this time as the JSON data seems frozen.

It just seems that if I were knocking down the $/day that H2o is, than I would either fix these problems myself ASAP or get it farmed out to a programmer who knows what he is doing.  Or, at the very least, I would let my customers know what I will do about it even if it can't be done immediately.  I don't think that is an atypical request.
coin123123
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January 25, 2014, 03:58:55 PM
 #7389

Guys and gals,

Please consider allocating at least half of your hash to hasbros.co.in as soon as possible.

I had mined at middlecoin before but the lack of transparency and communication troubled me. Multipool is a viable option as well, but I am excited about hashbros:

https://bitcointalk.org/index.php?topic=395748.0
http://www.reddit.com/r/litecoinmining/comments/1ua4d6/hashbros_multicoin_pool_with_profit_switch_alpha/

Hashbros offer transparent communication from the pool founders since they themselves were victims of frauds and hacks, so they seem to believe in open communication and as much transparency as possible. They offer lower fees, much better security, nicer web ui.

Middlecoin, simply, has grown to too big for altcoins. Because of its size, it can't mine some altcoins, for fear that it will crush the exchangeability of that weak coin. Additionally, do you really want one pool to dominate in such a way that it monopolizes?

I know change is hard. But sometimes you have to do the right thing.

Good luck to us all!

no auto exchange?
this saves a lot of headache
Catswold
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January 25, 2014, 03:59:38 PM
 #7390

The question is, have you or any of those complaining sent h2o a PM or tweeted him on the main page twitter feed (effective action), or are you merely posting on the forum (complaining)?
cokeman0
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January 25, 2014, 04:03:22 PM
 #7391

FYI, Stats are up again...
Neon001
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January 25, 2014, 04:03:41 PM
 #7392

It's just the charts, if your miner is mining, the shares are being mined and your payment will not be affected.

I've never found this to be true in about a month on Middlecoin.  Whenever the stats flatline, my payouts are considerably down for the day.  Disclaimer for the fanboys: not saying there's anything untoward going on with H20, nor that it's not all worth it since *on average* payouts are still better than the competition.  The guy's a hero with coin trades, but there's no denying that he does a terrible job with server maintenance, and it *does* affect payouts.

Still, you don't see me leaving, yet.  Cost of doing business, and all that...
Gamer67
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тσ ¢σιи σя иσт тσ ¢σιи?


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January 25, 2014, 04:08:22 PM
 #7393


OOOPS!  Catswold-petard-hoist.

You know, crow really doesn't taste that bad if you add enough salt.  Tongue

Oh, I know.  I have had plenty in my day!

Look, the bottom line is that the many of us that complain about Middlecoin's "quirks" are still happy here.  My rigs are basically set and forget.  I haven't even logged into them in a week as I can check on their status via a webpage I have setup for remote monitoring.  I also get pretty good payout here.  I basically meet or even beat the Dustcoin projections for my hashrate on a daily basis.

But it's damn unprofessional to have the stats go down on a 24/48 hours basis.  Most of us like to check our balance here on semi-hour basis and we haven't been able to do that easily for days without using 3rd party apps/websites and those don't always load correctly on mobile devices.  It was a Coingeek problem last time.  Ok, fine.  I get that.  But it is still H20's responsibility to notify his customers (us!) of what is going on.  Now it appears that it isn't a Coingeek problem this time as the JSON data seems frozen.

It just seems that if I were knocking down the $/day that H2o is, than I would either fix these problems myself ASAP or get it farmed out to a programmer who knows what he is doing.  Or, at the very least, I would let my customers know what I will do about it even if it can't be done immediately.  I don't think that is an atypical request.

Update is on the Middlecoin front page tweet over 1 hour ago.

"I am not Dorian Nakamoto."
Biggen
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January 25, 2014, 04:18:18 PM
 #7394


Update is on the Middlecoin front page tweet over 1 hour ago.

Yeah I saw that. He might as well leave that tweet there 24x7x365 as they are always frozen, paused, or "updating in a bit".
Test User
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January 25, 2014, 04:29:29 PM
 #7395

For what's it worth, hashbros' stats are hopelessly broken as well. I was testing it, seeing as middlecoin's were broken in a new and unfamiliar way.

My "earnings" figures in hashbros change randomly every time I look at it. Right now, if the reading were accurate I would be getting an income of 0.001 BTC/Mh/day. The other problem is that the pool is simply too small to mine anything substantial like LOT.

Donations welcome - BTC: 1f52PwRLHkN4w5uBY6EccKiDYqpLkh13y     DOGE: DCg65AKPG76X5LEtWCqfyRj4a6apYRHR8j
Trust: https://bitcointalk.org/index.php?topic=432215.0
MadMatt
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January 25, 2014, 04:44:10 PM
 #7396

It's just the charts, if your miner is mining, the shares are being mined and your payment will not be affected.

I've never found this to be true in about a month on Middlecoin.  Whenever the stats flatline, my payouts are considerably down for the day.  Disclaimer for the fanboys: not saying there's anything untoward going on with H20, nor that it's not all worth it since *on average* payouts are still better than the competition.  The guy's a hero with coin trades, but there's no denying that he does a terrible job with server maintenance, and it *does* affect payouts.

Still, you don't see me leaving, yet.  Cost of doing business, and all that...


If you look at the chart, it shows that everyone's still mining, but seems like the bot that exchanges the coins was down too increasing the number of unexchanged btc

Reputation Thread: https://bitcointalk.org/index.php?topic=433534.0
LeaseRig.net Bot Name: MinerMatt Running @ ~3.54Mh/s
Pavlinius
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January 25, 2014, 04:51:30 PM
 #7397

Hi guys. I'm having connection issues with middlecoin pretty regularly. Each day I'm disconnected from the pool several times. Is there a backup address ? I read somewhere for some european server ?

BITCOIN @ 13hCRyr1hLct4kPWNsjgPo1XuEXLXh4AAW, LITECOIN @ LLprHsnRvvj31tqvJyTi79AkqBtmQqhVCw
LOTTOCOIN @ LkuynfD1o8Td9VPy7ysZWJQA4eyGRSSx9X, EARTHCOIN @ ehUTcEyHkmi9ABhiXnkw6JJnbtUDi9NirN
NUTCOIN @ NTdsYSHAicJMjqcTjxSWEUDxCdBRA3kLfS
bitter_miner
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January 25, 2014, 05:03:35 PM
 #7398

For what's it worth, hashbros' stats are hopelessly broken as well. I was testing it, seeing as middlecoin's were broken in a new and unfamiliar way.

My "earnings" figures in hashbros change randomly every time I look at it. Right now, if the reading were accurate I would be getting an income of 0.001 BTC/Mh/day. The other problem is that the pool is simply too small to mine anything substantial like LOT.

given the number of dissatisfied folks here, it won't take long to boost the pool's hash rate.. a lot of potential.. lower overall fee's, auto/manual trading option, excellent communication, actual dev interaction.. nice set of features / upcoming features.. just not worth the switch quite yet.. would definitely switch if i had some real MH/s to throw around.. sacrifice payout to support the new kid?? hmmm.. i know, i know.. gtfo.. stfu.. looks like a viable alternative is finally on the way, at any rate..
groovy9
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January 25, 2014, 05:09:32 PM
 #7399

Hi guys, new guy around here.  I've looked around for a historical graph/table/whatever of middlecoin pool-wide estimated hash rate (for any given hour of the day, really) vs daily payout.

I'm trying to gauge current BTC/Mhash/day performance against the past, but the past data is eluding me.

Anyone?
iqacid
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January 25, 2014, 05:10:37 PM
 #7400

Hi guys. I'm having connection issues with middlecoin pretty regularly. Each day I'm disconnected from the pool several times. Is there a backup address ? I read somewhere for some european server ?

you can set any these address as failover


uswest.middlecoin.com:3333 in Oregon (same as middlecoin.com currently)
useast.middlecoin.com:3333 in N. Virginia beta
eu.middlecoin.com:3333 in Ireland beta
asia.middlecoin.com:3333 in Singapore beta
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